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Our Story

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Welspun World is one of the fastest-growing global conglomerates. We are globally recognized leaders in the businesses of Line Pipes, Home Textiles, Infrastructure, Warehousing, Oil & Gas, Steel, Advanced Textiles and Flooring Solutions.

We have a diversified presence in over 50 countries with more than 30,000+ employees and over 100,000 shareholders. Headquartered in Mumbai, our manufacturing facilities are strategically located in India, USA and Saudi Arabia.

Known for technological and operational excellence, the Group has established a leadership position globally in the Line Pipe & Home Textiles sectors. Along with a deep penchant for technological and operational excellence, the group has been continuously following global ESG practices as a responsible conglomerate.

About Us

Welspun Corp Ltd., a part of the $5 Bn Welspun World, with forays in Pipe Solutions and Building Materials, has undertaken some of the most challenging projects around the world, namely, the world’s deepest pipeline, the world’s heaviest pipeline, and the world's longest pipeline, among others.

As part of its Business Growth & Diversification strategy, WCL has forayed into a state-of-the-art Greenfield facility at Anjar, Gujarat to manufacture Ductile Iron (DI) Pipes with a total production capacity of 500,000 MT per annum. This integrated complex is equipped with the latest cutting-edge technology and includes a Blast Furnace that can produce 500,000 MT per annum of hot metal, along with a Sinter Plant, a PCI, an Oxygen Plant, and a Coke Oven.

WCL has an existing manufacturing set-up of BIS Certified Steel Billets and Direct Reduced Iron which will be used as inputs for the manufacture of TMT bars. This is a step towards the company's transformational journey from a large-scale B2C manufacturing firm with our latest offering, TMT Rebars. Our facilities also boast of the manufacture of Stainless Steel Pipes, Tubes, and Bars.

In 2022, WCL made a strategic acquisition in ABG Shipyard, and in the first quarter of 2023, completed the acquisition of the Plastic Products business of Sintex BAPL.

Our Journey So Far

1995
1997
1998
2000
2004
2009
2010
2011
2013
2016
2019
2020
2021
2022
2023
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1995

Incorporated Welspun Stahl Rohren Limited

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1997

Renamed Welspun-Gujarat Stahl Rohren Limited

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1998

Set up its HSAW mill at Dahej, Gujarat

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2000

Expanded our LSAW mill at Dahej, Gujarat

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2004

  • Established our HSAW, HFW and HFIW mills in Anjar, Gujarat

  • Inaugurated Welspun City in Anjar, Gujarat

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2009

Set up our second HSAW mill in Anjar, Gujarat

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2010

  • Renamed Welspun-Gujarat Stahl Rohren Limited to Welspun Corp Limited (WCL)

  • Established our HSAW mill in Mandya, Karnataka

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2011

  • WCL established its LSAW mill at Anjar, Gujarat

  • Acquired a controlling stake in the HSAW mill at Dammam, Kingdom of Saudi Arabia.

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2013

Our HFIW mill in Little Rock, Arkansas, USA is established

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2016

Set up our CWC plant in Anjar, Gujarat under a JV with WASCO Energy

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2019

Strengthened our presence by commissioning the HSAW plant in Bhopal (Raisen district), Madhya Pradesh

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2020

Announced our foray into the Ductile Iron (DI) pipes segment through a Greenfield facility, now functional at Welspun City in Anjar, Gujarat

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2021

Announced our entry into manufacturing of TMT bars and Stainless Steel, Tubes & Pipes as part of our growth and diversification strategy

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2022

  • Commissioned our state-of-the-art Blast Furnace and Sinter plant, and TMT Bars manufacturing facility at Anjar, Gujarat through our wholly-owned subsidiaries.

  • Our Greenfield DI Pipes facility received BIS certification, thereby facilitating the production for DI pipes.

  • Inaugurated our TMT Rebars plant to facilitate a new business foray, Welspun Shield, to solidify our B2C transformation journey.

  • Strategic acquisition made in ABG Shipyard

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2023

  • Completed acquisition of the Plastic Products business of Sintex BAPL

  • As part of the expansion of WCL's Building Materials portfolio, the company held a ground-breaking to set up a new unit of Sintex BAPL in Hyderabad

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Our Vision

We aim to...

Delight our customers through innovation and technology, achieve inclusive and sustainable growth to remain eminent in all our businesses

We are ... WELSPUN

Our Mission

"We aim to be amongst

  • The top 2 value creators in each of our businesses

  • The top 10 most respected Indian brands

  • The top 50 Groups in India in terms of market value"

We are ... WELSPUN

Our Core Values

  • LEARNING

    Learn, unlearn & relearn - discover something new everyday

  • INNOVATION

    Do things differently and do different things

  • TRUST

    Make truth & transparency a virtue

  • ENDURANCE

    Push beyond your limits and aspire for more

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Sustainability Footprint
- Our Way Forward

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Business Responsibility Report 2017-18

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Business Responsibility Report 2017-18

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Business Responsibility Report 2017-18

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Business Responsibility Report 2017-18

India Info Line

Awards and Recognition

Silver Award - QCFI, Mysore | 25-06-2023
Platinum Award under the Apex India Corporate Ethics Award in the Manufacturing Industries Sector
FAME National Award 2023 in Platinum Category for Quality Excellence
Golden Peacock National Quality Award 2023
14th QCI – D.L. Shah Award 2021 - GOLD AWARD
FAME Excellence Award 2020-21. Platinum award for outstanding project on “Quality Excellence”
International Safety Award, 2022
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National Awards for Manufacturing Competitiveness (NAMC), 2021
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39th CII National Kaizen Competition, 2021
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20th Annual Greentech Environment Award, 2021
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Exceed Gold Award for Environment Preservation in Manufacturing, 2020
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Golden Peacock National Quality Award, 2020
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Golden Bird Excellence Award, 2020
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4th Annual Chapter Convention on Quality Concepts, 2020
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34th National Convention on Quality Concepts, 2020
Golden Bird Excellence Award 2018 in Platinum Category for Quality Excellence
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National Awards for Manufacturing Competitiveness (NAMC), 2017-2018
Golden Peacock National Quality Award 2017
5th FICCI Quality Systems Excellence Awards for Industry 2017 - Platinum Award (First Prize)
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Sir M. Visvesvaraya Manufacturing Excellence Award 2017

Our Leadership

  • welspuncorp-board-of-directors
    Balkrishan
    Goenka

    Chairman, Non-Executive

    Balkrishan Goenka

    Mr. Goenka is a prime architect of the Welspun World and is regarded as one of the foremost corporate leaders of India. For over 27 years, Mr. Goenka with his strong business acumen and risk-taking abilities is credited to have successfully steered the Welspun World in many high-growth sectors. Alongwith presiding over as the President of ASSOCHAM (2019), he has also been the recipient of Asian Business Leadership (ABLF) Award, 2019.

    Directorship & full-time Positions:

    Name of the Director Mr. Balkrishan Goenka
    Details of Directorship in other Indian Companies Welspun Living Limited
    Welspun Corp Limited
    Welspun One Private Limited
    Welspun New Energy Limited
    Welspun Logistics Limited
    Adani Welspun Exploration Limited
    Welspun Advanced Materials(India) Limited
    Welspun One Investment Management Private Limited
    Whole Time Position in body corporate Welspun Enterprises Limited – Whole Time Director
  • welspuncorp-board-of-directors
    Rajesh
    R. Mandawewala

    Director

    Rajesh R. Mandawewala

    As a key business leader at the Welspun World, Mr. Mandawewala has enabled the organization's expansion and global reach in over 50 countries. A Chartered Accountant by profession, he has a rich experience of over 30 years in industries varying from textiles to SAW pipes. He strongly believes in driving innovation through continuous research and product developments, catering to the current and future needs of customers.

    Directorship & full-time Positions:

    Name of the Director Mr. Rajesh R Mandawewala
    Details of Directorship in other Indian Companies Welspun One Investment Management Private Limited
    Welspun Michigan Engineers Limited
    Welspun New Energy Limited
    Sintex BAPL Limited
    BAPL Rototech Private Limited
    Welspun BAPL Private Limited
    Mandawewala Enterprises Limited
    Welspun Advanced Materials (India) Limited
    Welspun Advanced Materials (India) Limited
    Angel Power & Steel Private Limited
    Welspun Enterprises Limited
    Yura Realties private Limited
    RRM Enterprises Private Limited
    AYM Syntex Limited
    RRM Realty Trader Private Limited
    Welspun One Private Limited
    Whole Time Position in body corporate Welspun Living Limited - Executive Vice Chairman
  • welspuncorp-board-of-directors
    Vipul
    Mathur

    Managing Director & CEO

    Vipul Mathur

    Mr. Mathur is a well-known figure in the global pipe industry. Network of his acquaintances and relationships run across all geographies due to his years of industry expertise. He has been associated with Welspun since 2001 and has contributed significantly towards the growth of the organization by providing his leadership in roles in India and Middle East. He has also been the recipient of Hall of Fame Steel CEO of the year (2018) by SUFI.

    Directorship & full-time Positions:

    Name of the Director Mr. Vipul Mathur
    Details of Directorship in other Indian Companies Welspun Specialty Solutions Limited
    Welspun DI Pipes Limited
    Gladiator Consultancy Private Limited
    Whole Time Position in body corporate Welspun Corp Limited - Managing Director
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    Mr. Ravindra
    Pandey

    Independent Director

    Mr. Ravindra Pandey

    Mr. Ravindra Pandey has done M.Sc. from University of Allahabad and CAIIB from Indian Institute of Bankers. He has also attended executive Management program at IIM, Lucknow and Euromoney, London.

    Mr. Pandey is a senior banker; superannuated as Dy. Managing Director of State Bank of India (SBI) after a stellar career spanning 37 years with SBI; with proven track record in top leadership roles in domestic and international assignments. He has in-depth knowledge and skill in shaping, nurturing and leading a strong organization. He is also a digital strategist, led adoption of emerging, disruptive and innovative processes/technologies to enable business transformation.

    Mr. Pandey had served on the Board of large and highly reputed organizations. At present , he is on the Board of large and diverse listed /unlisted companies including Manufacturing , NBFCs, Hospitality sectors. He is providing valuable strategic guidance in the areas of Business Strategy, Risk Management, Digital Transformation, Audit & Compliance, ESG culture etc and sets highest standards of Corporate Governance in these companies.

    Directorship & full-time Positions:

    Name of the Director Mr. Ravindra Pandey
    Details of Directorship in other Indian Companies Welspun Specialty Solutions Limited
    Payu Finance India Private Limited
    SIS Cash Services Limited
    Jamipol Limited
    Dreamfolks Services Limited
    Pay10 Services Private Limited
    Trillionloans Fintech Private Limited
    NSDL Database Management Limited
    Whole Time Position in body corporate Nil
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    Manish
    Chokhani

    Independent Director

    Manish Chokhani

    A member of the Institute of Chartered Accountants of India and MBA from the London Business School. He has over 35 years of experience in financial sector, merger. He had served as the Chairman of one of the world largest PE firms, as a member of the SEBI’s Alternative Investment Promotion Advisory Committee, as a Co-Chairman of the Capital Markets Committee at the IMC, as the CEO of the India’s one of leading investment banks, was on the International Alumni Board and scholarship panels of the London Business School and has been a visiting faculty member at the IIM-Kozhikode. Currently, he is a member of the Young Presidents’ organization and independent director in the hospitality industry, financial services, specialty chemical and automotive industry.

    Directorship & full-time Positions:

    Name of the Director Mr. Manish Chokhani
    Details of Directorship in other Indian Companies Laxmi Organic Industries Limited
    Auxilo Finserv Private Limited
    Sears Securities & Investment Private Limited
    Alliance Holdings Private Limited
    Quadrillion Capital Private Limited
    Landmark Cars Limited
    Whole Time Position in body corporate Nil
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    Anjani
    Agrawal

    Independent Director

    Anjani Agrawal

    A member of the Institute of Chartered Accountants of India (ICAI) and FCA, Mr. Anjani Agrawal has also completed courses on Advance Strategy from INSEAD, and Business Sustainability Management from Cambridge University, United Kingdom. He retired from Ernst & Young in 2019 as the firm’s Global Sector Leader (Metals) and Global Client Service Partner for some of the largest conglomerates. He had been a member of the National Committee and a speaker at National Industry Associations like CII, FICCI, FIMI, ICC, IIA, IMC, etc. Mr. Agrawal has previously worked with the Central Government, NITI Aayog on Policymaking & strategy, PM Trophy, etc. Currently, he is an independent director on the Board of Companies in the Metal, Cellular Services, Insurance, and Personal Care Industries.

    Directorship & full-time Positions:

    Name of the Director Mr. Anjani Agrawal
    Details of Directorship in other Indian Companies Hindalco Industries Limited
    Ultratech Cement Limited
    Emami Limited
    Vodafone Idea Limited
    Evonith Metallics Limited
    Evonith Value Steel Limited
    Aditya Birla Sun Life Trustee Private Limited
    Whole Time Position in body corporate Nil
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    Aneesh
    Misra

    Director

    Aneesh Misra

    A Bachelor of Engineering (Materials Science and Engineering) from Imperial College, London. He has over 8 years of experiences in Metals and Mining Industry. He had worked with the commodity trading houses on the non-ferrous trading desk and Copper & Zinc concentrates. Currently he is working as the CEO & MD of a trading bodies corporate in South Africa and Australia.

    Directorship & full-time Positions:

    Name of the Director Mr. Aneesh Misra
    Details of Directorship in other Indian Companies Nil
    Whole Time Position in body corporate Nil
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    Dipali
    Sheth

    Independent Director

    Dipali Sheth

    A Bachelor of Arts (Hons.), Economics, from University of Delhi. She is a seasoned HR leader with three decades of experience spanning Human Resources, Strategy, Change Management, M &A, Transformational Growth, Divestment, Sales & Marketing and Coaching across the globe, including India, London, Singapore and Dubai, in complex and culturally diverse environments.
    She has worked for private sector banks, a company in FMCG and University. Currently, she is an independent director on the Board of Companies in the Asset Management and Financial Sector, Foods, Computers - Software & Consulting and Edible Oil.

    Directorship & full-time Positions:

    Name of the Director Ms. Dipali Sheth
    Details of Directorship in other Indian Companies Lloyds Offshore Global Services Private Limited
    Adani Airport Holdings Limited
    Spandana Spoorty Financial Limited
    UTI Pension Fund Limited
    Adani Wilmar Limited
    DFM Foods Limited
    Latent View Analytics Limited
    Whole Time Position in body corporate Nil
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    Raghupal
    Singh

    Non-Executive Director and representative of LIC

    Raghupal Singh

    Mr. Raghupal Singh is a professional with extensive leadership experience in the insurance and pension sectors. As the Managing Director & CEO of LIC Pension Funds Ltd., the second-largest Pension Fund Manager under India's National Pension System, he spearheaded technological advancements, notably migrating to a new enterprise investment management platform. During his tenure, he consistently maintaining high-quality investments, ensuring zero NPAs and down-grade free portfolio for a consecutive period of three years.
    Mr. Singh has had a distinguished career at LIC of India, where he served in various leadership roles across the country. He held the position of Executive Director for Group Business at LIC's Mumbai office, leading transformative projects in technology and process optimization for the group business line. During this time, he spearheaded significant process re-engineering and business operations remodeling, working closely with government agencies to implement social security and welfare schemes. In his role, Mr. Singh collaborated with CSC, an SPV under the Ministry of Electronics and Information Technology, for front-end coordination and contributed to the NPS ecosystem as an Aggregator for its NPS-Lite scheme.
    Mr. Singh brings vast cross-functional experience in information technology, finance and accounts, administration, marketing, and operations. His professional journey spans multiple regions, including Madhya Pradesh, Uttar Pradesh, Uttarakhand, Rajasthan, Haryana, Delhi, Chandigarh, and Mumbai, showcasing his adaptability and ability to lead diverse teams.

    Directorship & full-time Positions:

    Name of the Director Mr. Raghupal Singh
    Details of Directorship in other Indian Companies Nil
    Whole Time Position in body corporate Nil
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    Chandra Shekhar
    Verma

    Independent Director

    Chandra Shekhar Verma

    Mr. Chandra Shekhar Verma is a reputed professional and has profound knowledge and experience of more than four decades in the Public Sector Undertakings, particularly in Steel Sector. His professional journey certifies him a true techno-commercial professional and a distinguished leader who has held significant roles in the prestigious organizations of the country.
    Mr. Verma served as the Chairman & Managing Director (CMD) of Steel Authority of India Limited (SAIL) and CMD of National Mineral Development Corporation Limited (NMDC) and also Chairman of International Coal Ventures Private Limited (ICVL). He has also served as a Director (Finance) in Bharat Heavy Electricals Limited (BHEL) and ITI Limited. Throughout his career, Mr. Verma has been recognized for his exceptional contribution to the industry and received prestigious awards such as the ‘CEO of the Year’ Platts Global Metals Awards in May 2014, the IIM-JRD Tata Award for his Excellence in Corporate Leadership in Metallurgical Industries, SCOPE Award for “Excellence & Outstanding Contribution to the Public Sector Management” – Individual Category 2010-2011, CEO of the Year Award by Indian Institute of Material Management (IIMM) in 2011, CNBC-TV18, Best CFO Award for the year 2008-09 and Icon of the Year Award by ICWAI in 2010.
    He was the first President of the Indian Steel Association, the apex body of the Indian Steel Industry from June 2014 to June 2015. He was the Chairman of the ‘National Committee of Steel’ of Confederation of Indian Industries (CII) from 2010 to 2015. He was the Council member of Scientific and Industrial Research Society (CSIR), Member of the Bureau of Indian Standards and also member of Board of Governors of Indian Institute of Management (IIM) Raipur.

    Directorship & full-time Positions:

    Name of the Director Mr. Chandra Shekhar Verma
    Details of Directorship in other Indian Companies SML Isuzu Limited
    Shyam Metalics & Energy Limited
    Multi Commodity Exchange of India Limited
    Royalux Lighting Private Limited
    Ikio Lighting Private Limited
    Firstadvantage Consulting Private Limited
    Whole Time Position in body corporate Nil
  • welspuncorp-key-management-team
    Vipul
    Mathur

    Managing Director & CEO, Board Member

    Vipul Mathur

    Mr. Mathur is a well-known figure in the global pipe industry. Network of his acquaintances and relationships run across all geographies due to his years of industry expertise. He has been associated with Welspun since 2001 and has contributed significantly towards the growth of the organization by providing his leadership in roles in India and Middle East. He has also been the recipient of Hall of Fame Steel CEO of the year (2018) by SUFI.

  • welspuncorp-key-management-team
    Percy
    Birdy

    Chief Financial Officer

    Percy Birdy

    Mr. Birdy has a rich experience of 25+ years in the areas of Corporate Finance & Accounting, Costing, Budgeting, Direct & Indirect Tax, Banking, etc. He has previously worked with Allanasons Group, Glenmark, Essel Propack and is also a member of ICAI and ICWAI.

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    Godfrey
    John

    CEO, Pipe Vertical

    Godfrey John

    With 33+ years of experience in the industry, Mr. John has been associated with Welspun Corp for a period of over 21 years. His expertise lie in pipes across applications such as Oil & Gas, Water, Ports and Terminals as well as structural pipes.

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    Nitin Agarwal

    CEO - Steel Vertical

    Nitin Agarwal

    Mr. Nitin Agarwal has been appointed CEO - Steel Business, with effect from May 06, 2024. Mr. Agarwal has been associated with Welspun Group for over 19 years with proven expertise in Global Supply Chain Management, Business Development, Sales & Marketing. As a leader, he has garnered a distinguished track record in Logistics and Shipping, Procurement, and techno-commercial business acumen in the field of Steel pipes for the O&G and Water sector. After a successful decade-long stint in the USA, as the supply chain and commercial function head for US operations, Mr. Agarwal was appointed President - Global Supply Chain & Marketing at Welspun Corp. He was instrumental in commissioning our Little Rock, Arkansas, US facility from greenfield to fully operational Spiral & HFIW plants, with a capacity of over 500,000 MTPA.

    Mr. Agarwal holds a Master's degree in Business Economics & a Bachelor's degree in Commerce, along with various other leadership programs from reputed institutes like IIM-B & ISB.

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    Anuj Burakia

    CEO & Whole-time director, WSSL

    Anuj Burakia

    Mr. Anuj Burakia, aged 43 years is a qualified Chartered Accountant having experience of about 20 years in Steel industry. Mr. Burakia has been a key member of the Welspun World since 2002 and remained involved with various group businesses from time to time. He possesses a strong business acumen and exercises effective controls over end-to-end aspects of strategy, manufacturing, supply chain, marketing etc. Since 2008, he has headed the Steel business of the group and currently heads Welspun Specialty Solutions Limited (WSSL) as CEO & Whole-time director.

  • welspuncorp-key-management-team
    Sarados Milios

    CEO - Welspun Pipes Inc.

    Sarados Milios

    Sarados brings with him over three decades of rich global experience in leadership, business transformation, and strategic growth across the steel, energy, and industrial sectors. He holds an MBA from IMD (Switzerland), an M.Sc. in Control Systems from Imperial College London, and an M.Eng. in Electrical Engineering from Aristotle University of Thessaloniki. He is also a Chartered Engineer (UK), European Engineer (FEANI, France), and a member of the Institution of Electrical Engineers (UK). 

    As the Founder and CEO of Aspis Steel Company, Sarados successfully launched and scaled an ambitious industrial venture. His leadership roles at United States Steel, VIOHALCO, and Corinth Pipeworks demonstrate his ability to drive innovation, forge strategic alliances, and deliver sustainable growth in dynamic markets. His earlier consulting experience with McKinsey & Company and A.T. Kearney has provided him with a strong foundation in business restructuring, procurement transformation, and market expansion.

  • welspuncorp-key-management-team
    T. S.
    Kathayat

    President & Chief Operating Officer - Pipe Business

    T. S. Kathayat

    Mr. Kathayat has 23+ years of Work Experience in the manufacturing Industry. He has been conferred with “Quality leadership Award” and "Corporate Excellence Leader of the Year “by World Quality Congress.

  • welspuncorp-key-management-team
    Todd
    Phillips

    Vice President Sales - Americas

    Todd Phillips

    Mr. Phillips has a rich and varied experience of nearly 30 years. He has previously worked with Borusan USA, Gulf Interstate Engineering, Pe Ben USA, MTS USA, United Spiral Pipe and many such reputed organizations.

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